Tech Credit Union

10951 Broadway
Crown Point, IN 46307
(800) 276-8324
www.techcu.org

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Tech Credit Union is headquartered in Crown Point and is the 19^st largest credit union in the state of Indiana. It is also the 643^rd largest credit union in the nation. It was established in 1936 and as of December of 2011, it had grown to 105 employees and 40,644 members. Tech Credit Union's savings rates are 2X the national average, and it boasts a 5-star health rating.

Tech Credit Union Routing Number: 071993324

4.00% 7-Month ($2.5K Max) at Technology Credit Union in CA on International Credit Union Day - Local Only - 10/14/2009

Technology Credit Union has a CD special called the Celebration Certificate. It's only available on October 15, 2009 which is International Credit Union Day. It's a 4.00% APY 225-day certificate. Unfortunately, the maximum deposit is $2,500 with a limit...

6.00% 6-Month CD at a California Credit Union (Tech CU) - 8/15/2007

Technology Credit Union has started a certificate special with a yield of 6.00% APY and a term of 6 months. The minimum deposit is $10,000, and there is no maximum deposit. New money is required. Note, the promo page makes it look like you can extend...

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See Rates for: Checking | Savings | Money Market | CD | IRA

Tech Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.00%	-	-	Checking Account

Tech Credit Union Savings Account Rates

Apy	Min	Max	Product
1.26%	-	-	Individual Retirement Account
1.26%	-	-	Education Savings Account
0.25%	$50k	-	Health Savings Account
0.15%	-	-	Christmas Club Account
0.15%	-	-	Special Savings Account
0.15%	-	-	Preference Savings Account

Tech Credit Union Money Market Rates

Apy	Min	Max	Product
0.45%	$100k	-	Premier Money Market Account
0.25%	$50k	-	Money Market Savings Account

Tech Credit Union CD Rates

Apy	Min	Max	Product
1.64%	$1k	-	48 Month Bump Premium with e-Statement Compound CD
1.59%	$1k	-	36 Month Premium with e-Statement Compound CD
1.51%	$100k	-	48 Month Bump Jumbo Compound CD
1.50%	$100k	-	48 Month Bump Jumbo CD
1.38%	$1k	-	48 Month Bump Premium CD
1.38%	$1k	-	48 Month Bump Premium Compound CD
1.33%	$1k	-	36 Month Premium Compound CD
1.32%	$1k	-	36 Month Premium CD
1.26%	$1k	-	48 Month Bump Compound CD
1.25%	$1k	-	48 Month Bump CD
1.21%	$1k	-	36 Month Compound CD
1.20%	$1k	-	36 Month CD
1.13%	$1k	-	18 Month Premium with e-Statement Compound CD
0.93%	$1k	-	12 Month Premium with e-Statement Compound CD
0.88%	$1k	-	18 Month Premium CD
0.88%	$1k	-	18 Month Premium Compound CD
0.80%	$100k	-	12 Month Jumbo CD
0.80%	$100k	-	12 Month Jumbo Compound CD
0.75%	$1k	-	18 Month CD
0.75%	$1k	-	18 Month Compound CD
0.68%	$1k	-	12 Month Premium CD
0.68%	$1k	-	12 Month Premium Compound CD
0.55%	$1k	-	12 Month CD
0.55%	$1k	-	12 Month Compound CD
0.53%	$1k	-	26 Week Premium with e-Statement Compound CD
0.48%	$1k	-	91 Day Premium with e-Statement Compound CD
0.40%	$100k	-	26 Week Jumbo CD
0.40%	$100k	-	26 Week Jumbo Compound CD
0.35%	$100k	-	91 Day Jumbo CD
0.35%	$100k	-	91 Day Jumbo Compound CD
0.28%	$1k	-	26 Week Premium CD
0.28%	$1k	-	26 Week Premium Compound CD
0.23%	$1k	-	91 Day Premium CD
0.23%	$1k	-	91 Day Premium Compound CD
0.15%	$1k	-	26 Week CD
0.15%	$1k	-	26 Week Compound CD
0.10%	$1k	-	91 Day CD
0.10%	$1k	-	91 Day Compound CD

Tech Credit Union IRA Rates

	Apy	Min	Max	Product
	1.21%	-	-	36 Month Individual Retirement Account

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

TECH
NCUA #	68225
BankRate Report	View
Year Chartered	1936
Employees	105
Primary Regulator
Assets and Liabilities
Assets	$294.46 million
Loans	$149.37 million
Deposits	$265.70 million
Equity Capital	$24.80 million
Loan Loss Allowance	$1.58 million
Unbacked Noncurrent Loans	$1.38 million
Historic Data - December 2010
Assets	$283.91 million
Equity Capital	$23.95 million
Loan Loss Allowance	$1.90 million
Unbacked Noncurrent Loans	$1.38 million
Real Estate Owned	$224,000
Profit Margin - Quarterly
Net Interest Margin	4.88%
Return on Assets	0.29%
Return on Equity	3.46%
Interest Income	$9.20 million
Non-Interest Income	$4.56 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Tech Credit Union had $1.38 million in non-current loans and owned real-estate with $26.38 million in equity and loan loss allowances on hand to cover it. This gives Tech Credit Union a Texas Ratio of 5.21% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Tech Credit Union decreased slightly from 6.19% as of December 31, 2010 to 5.21% as of December 31, 2011, resulting in a positive change of 15.83%.This indicates that the balance sheet and financial strength for Tech Credit Union has improved slightly in recent periods.
Deposit Growth
In the past year, Tech Credit Union has increased its total deposits by $10.4 million, resulting in 4.08% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Tech Credit Union has shown is above average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Tech Credit Union has $294.46 million in assets with $26.38 million in equity, resulting in a capitalization level of 8.96%, which is average.